
Morgan Stanley believes Bitcoin, CBDCs have the potential to ‘de-dollarize’ the world
Morgan Stanley said the dollar's global dominance is threatened by the rise of Bitcoin and the eventual proliferation of CBDCs.
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The flagship crypto experienced $20.52 million in liquidations over the past 24 hours, roughly 85% of which were longs — equating to $17.48 million.

Mike Hearn was an early Bitcoin adopter and developer who gave up on the flagship cryptocurrency due to concerns over centralization, technical limitations, and governance issues.

The forecast hinges on a perceived supply shock driven by demand from the recently approved Bitcoin ETFs and the upcoming halving event.

Cobie responded to the old post and said he "can't even remember" writing it and cautioned against taking things out of context in isolation.

The purchase by BlackRock effectively represents about 13 days' worth of Bitcoin production being absorbed by a single player.

Prices fell significantly on Friday despite general optimism around Bitcoin ETFs.



